Consolidations took 100 hours to complete each quarter.
100
hours
100
hours
100
hours
100
hours
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Before implementing Sage Intacct.
In financial services, there's no substitute for fast and
detailed information. But Halsta, a family-owned
investment firm with $100 million in assets under
management, was struggling to run its business on
a pile of spreadsheets. Consolidations took 100 hours
to complete each quarter.
The board book could take months to compile. And
when fast-moving investment opportunities arose,
Halsta's evaluations and analyses were too slow
for a timely response. Even AP was a cost drain, with
hundreds of monthly manual checks costing $36
each to issue.
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